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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Harshu Vyas who wrote (73985)	10/16/2023 12:16:48 PM
From: Sean Collett	Respond to of 78715

<< I think I've spotted most of the "dodginess" in the financials and new management have come clean about the "hidden" issues and I think they'll continue to come clean in the future.>> How is this possible when their 10-K filing that was submitted this year had an amendment and was late twice? My point is how can you trust anything you're reading? How does "new" management even know they found all the problems? My point with LUMN was only to highlight that putting trust in management when there are real problems doesn't make sense. This isn't "they experienced a disruption" or something along those lines. Also, have you looked into the lawsuit? Bit bigger than debt. Understand it is a small position and I pass no judgement on what you or anyone invests in either way, but you presented the equity and I offer my feedback on it. -Sean